Ryanair Set to Post First-Quarter Increase in Net Income -- Market Talk
Dow Jones
Jul 01
1112 GMT - Ryanair is expected to post a significant increase in first-quarter net income versus the prior year, because of very strong fares growth, JPMorgan's Harry Gowers says. Investors will mostly focus on the strength of summer pricing into the peak season, and how much of last year's 7% decline Ryanair can recover, he says. He forecasts fares for the second quarter to be up by 7%, below the 8% needed to fully match 2023 levels. JPMorgan continues to feel optimistic about the Irish airline, with shares in London up about 25% year-to-date and at record highs, he adds. Ryanair's first-quarter results are due July 21. Shares are down 1% at 23.78 pounds. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
July 01, 2025 07:12 ET (11:12 GMT)
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